Ron Johnson: “Since 2008, we've passed 11,000 new rules and regulations.”

“I mean, we have. George Will just wrote the column, and I've been talking about the $1.75 trillion in regulatory costs that was in 2008. Since 2008, we've passed 11,000 new rules and regulations. I mean, we are burdening job creators unbelievably with regulations. So you combine all of those things, that's what's causing the problem.” (04:03–04:08)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.